The fully open source Cardano, home to the cryptocurrency ADA, is not only a decentralized public blockchain but also a cryptocurrency project. Cardano can be made use of for both sending and receiving digital funds, meaning it enables quick and guaranteed direct transfers secured through cryptography.

Before we start discussing how to buy ADA on Binance, we would like to remind you that you should set up a wallet to store the cryptocurrency. The steps to be followed for setting up a wallet will not be discussed in this post.

In fact, it will be assumed that you already have one. There are two parts to this guide: the first part is buying Ethereum (ETH) and the second one is exchanging ETH for ADA.

This is because you need to pay in BTC or ETH in order to buy Cardano on Binance. Step #1: Buying BTC/ETH with Credit/Debit Card or Paypal USD We recommend that you buy BTC/ETH either from Coinbase or Coinmama.

The cryptocurrency exchange Coinbase operates in as many as 32 countries. The exchange accepts payments by way of debit cards, credit cards, and bank transfers. Read more from…

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